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 indemnity indemnity /ˌɪnˈdɛmnɪti/

noun

  1. A sum of money paid in compensation for loss or injury  ( amends , damages , indemnification , indemnity , redress , restitution , redressal [Asia] )
    a sum of money paid in compensation for loss or injury
  2. Legal exemption from liability for damages  ( indemnity )
    legal exemption from liability for damages
  3. Protection against future loss  ( indemnity , insurance )
    protection against future loss